TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
By ASCENSUS The SECURE Act—officially known as the Setting Every Community Up for Retirement Enhancement Act of 2019—made significant changes to IRA and retirement plan rules, including to the beneficiary payout options. One of the most noteworthy changes involves the 10-year rule, which requires a total distribution of inherited assets by December 31 of the … Read more
On May 22, more than 128 golfers gathered at PGA Frisco’s Fields Ranch Golf Course for the 2025 Susser Bank Golf Classic, raising $225,800 in support of the University of Texas MD Anderson Cancer Center. All expenses for the event were fully underwritten by Arlington-based Susser Bank and the Susser family, ensuring that every dollar … Read more
The SW Graduate School of Banking at Southern Methodist University (SWGSB) will hold its 160th Assembly for Bank Directors September 4–7 at the Newport Harbor Island Resort in Newport, Rhode Island. SWGSB Assemblies for Bank Directors attract banking leaders from across the country to address the latest issues affecting the industry. From nationally known authorities … Read more
On May 22, Jacksonville-based Austin Bank and the Houston Northwest Chamber of Commerce held a ribbon-cutting ceremony to celebrate the opening of the bank’s two new full-service banking centers in Houston and Spring. The event was well attended by both chambers and business leaders, as well as the Austin Bank leadership team and employees. The … Read more
On May 19, San Antonio-based Frost Bank reached a milestone—its 200th financial center in Texas—when the bank’s Pflugerville branch opened for business. The bank will celebrate the new location on an upcoming date. A 157-year-old bank with deep Texas roots, Frost Bank has been expanding in its Austin, Dallas and Houston regions. Pflugerville is the … Read more
On May 5, Texas Southern University (TSU) in Houston announced a $200,000 gift from the Moody Foundation in support of the Future Bankers Leadership Program (FBLP) at the Jesse H. Jones School of Business. This contribution further strengthens the program’s mission to prepare students for careers in the financial services industry through academic training, mentorship … Read more
The Texas Bankers Hall of Fame on the campus of Sam Houston State University in Huntsville held its Annual Gala on May 1. Five iconic bankers—Sam H. Burris Jr., Charles G. Cooper, Harvey P. Hartenstine, Robert W. “Bobby” Hoxworth and William A. Nesbitt—were inducted. Established by the Smith-Hutson Endowed Chair of Banking at Sam Houston State University, the Texas Bankers … Read more
Choudrant, Louisiana-based Origin Bank recently announced two news items about its presence in The Woodlands. The bank has hired Gil Staley to serve as director of business development in The Woodlands. He brings more than 45 years of experience to his new role. He previously served as chief executive officer of The Woodlands Area Economic … Read more
On April 25, Tupelo, Mississippi-based Cadence Bank announced the signing of a definitive merger agreement with Industry-based Industry Bancshares Inc., the bank holding company for Bank of Brenham, Citizens State Bank, Fayetteville Bank, Industry State Bank, The First National Bank of Bellville and The First National Bank of Shiner. The merger will expand Cadence Bank’s … Read more
On April 2, the Texas Bankers Foundation, the charitable arm of the Texas Bankers Association, announced the 12 recipients of the 2025 Emerging Leader Awards. Nominated by their bank’s president, CEO or board chair, these rising stars were selected for their exceptional leadership, commitment to service and impact on the banking industry. “These outstanding professionals … Read more